Equitas reports surface gold values of up to 1023g/t at the Crepori Project, Brazil
Equitas Resources Corp. (TSXv: EQT) (FSE: T6UN) (FSE: EQTRF) is pleased to report surface gold values of up to 1023g/t at the Crepori Project, Brazil.
Equitas Resources Corp. (TSXv: EQT) (FSE: T6UN) (FSE: EQTRF) is pleased to report surface gold values of up to 1023g/t at the Crepori Project, Brazil.
The Crepori Project is surrounded by two operating gold mines and four advanced gold projects, with total combined resources in excess of 7M oz Au defined to date. Companies such as Serabi Gold PLC (LON: SRB), Eldorado Gold Corp. (TSX: ELD), Anfield Gold Corp. (TSXV: ANF) & Brazil Resources Inc. (TSXV: BRI) all have assets in the region.
Spectacular grades in surface grab samples at the Crepori of up to 1022.98 g/t Au are reported. There has been no previous drilling yet the region was previously the focus of garimpeiro (artisinal miners) surface mining in the 80’s. The project has excellent infrastructure due to the proximity of the highways and flat farming lands. Equitas has begun making exploration plans which will include detailed geological mapping and sampling, IP and magnetics surveys in advance of diamond drilling.
Commenting on the project, VP Exploration Everett Makela stated “It is remarkable that Crepori has remained essentially untested particularly given the outstanding gold grades achieved, and significant extent of the known mineralized vein system defined to date. We are definitely in the right address in the Tapajos Belt, with six neighbouring mines and projects accounting for over 7M oz in Au resources. Crepori has the potential to be a game-changer for the Company.”
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